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Floating Exchange Rates Time value of money Foreign Exchange Market Investment Scheme
Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. The time value of money is the value of money with a given amount of interest earned or inflation accrued over a given amount of time. Forex (FX) is a form of exchange for the global decentralized trading of international currencies. A collective investment scheme is a way of investing money alongside other investors in order to benefit from the advantages.